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Trump’s Memecoin Launch Sparks Massive Surge in Crypto App Downloads: Retail is Coming

by Sham
January 21, 2025
in Business, Crypto, Technology
A A
Trump’s Memecoin Launch Sparks Massive Surge in Crypto App Downloads: Retail is Coming
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  • TRUMP memecoin’s $75 billion surge boosted Solana’s price to an all-time high, highlighting its blockchain’s growing appeal.
  • Crypto wallets like Phantom jumped from #357 to #35 in the U.S. app store after TRUMP’s launch, with Moonshot taking the #1 finance spot.
  • Major apps like Kraken, Binance.US, and Uniswap saw dramatic ranking increases, reflecting a surge in crypto interest.

The launch of President Donald Trump‘s official memecoin, Original Trump (TRUMP), on the Solana blockchain has caused a massive stir in the crypto world, sparking surging app store rankings for crypto-related platforms and driving significant market activity.

JUST IN: 5 of the top 6 finance apps on the Apple App Store are crypto-related

Robinhood does have ties to traditional finance

However, this ranking is likely due to interest surrounding Donald Trump's meme coin $TRUMP 🚀 pic.twitter.com/EaZ1k0hyTv

— BlockNews (@blocknewsdotcom) January 21, 2025

TRUMP Launch Sparks Industry-Wide Growth

The TRUMP memecoin skyrocketed to a $75 billion valuation within 36 hours, with nearly $4 billion in trading volume, pushing Solana (SOL) to a new all-time high after a 23% price spike. The launch has positioned Solana as a prime choice for future high-profile blockchain initiatives.

Crypto Apps See Explosive Popularity

Phantom, Solana’s largest wallet, leapt from 357th to 35th in the U.S. app store, while Moonshot surged to the #1 spot in the finance category within three days. Other apps, like Coinbase and Uniswap, also climbed significantly, reflecting the growing wave of crypto interest.

Broader Impacts on the Crypto Ecosystem

With Kraken rising from #315 to #97 and Binance.US reaching #47 in the finance app category, the TRUMP launch has highlighted how high-profile events can drive increased user engagement across the crypto industry.

Tags: cryptoDonald TrumpMemecoinSolana blockchainTrump
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